New Launch Alert
Eldeco Terra Grande Sirmaur Phase II Announced Following Phase I Sell-Out
Eldeco Terra Grande has announced its next phase of growth across Himachal Pradesh and Uttarakhand following the complete sell-out of Phase I of its flagship project in Sirmaur, Himachal Pradesh. Phase 2 early pricing is now open for the Sirmaur project, which spans 30 acres with 80 villas total and possession expected from Q4 2026 onwards.
| Status | Phase II in pre-launch/early pricing (as of September 2026) |
|---|---|
| Developer | Eldeco Group, developed under Alternative Habitat Private Limited |
| Location | Village Mohana-Suchalli, Tehsil Pacchad, Sirmaur, Himachal Pradesh 173024 |
| Total Project Size | 30 acres with 80 estate villas across low-density G+1 floors |
| Configurations | 3, 4 & 5 BHK layouts |
| Phase I Pricing | Phase I launched at ₹5.5 crore, now sold out |
| Phase II Price Band | Early pricing at ₹8 crore |
| Possession Timeline | Q4 2026 onwards |
| RERA Registration | HPRERASIR2023060/P |
| Elevation & Setting | 6,000 feet above sea level, within 30 acres of pine forest at 3 villas per acre |
Project Status & Announcement
Phase I of the 29-acre Sirmaur development, comprising 39 luxury villas, has witnessed a complete sell-out. Alongside its ongoing developments in Sirmaur (29 acres) and Narendra Nagar near Rishikesh (12.5 acres), Terra Grande plans to launch three new projects, with Phase 2 of the Sirmaur project moving ahead while simultaneously broadening its presence across other locations in Himachal Pradesh and Uttarakhand.
Homes in Phase I were priced between INR 8 crore and INR 10 crore. Buyers who purchased Phase 1 are sitting on approximately 45% appreciation without possession or rental income, purely on the strength of demand outrunning supply.
Product Type & Specifications
Eldeco Terra Grande Sirmaur spans 30 acres with just 80 estate villas across low-density G+1 floors, offering 3, 4 & 5 BHK configurations. The project is thoughtfully planned with spacious G+1 villas, scenic mountain surroundings, and a peaceful lifestyle experience.
Amenities include a clubhouse, private heated pools in villas, fitness centre, landscaped gardens, yoga zones, sports areas, and 24/7 security.
Location & Accessibility
Village Mohana-Suchalli, Pachhad Tehsil, Sirmaur district — at 6,000 feet elevation, within 30 acres of pine forest, with panoramic valley views in every direction. The project is 26 km from Dharampur (41 minutes), 63 km from Chandigarh (1.5 hours), and 292 km from Delhi (approximately 6 hours via KumarHatti-Nahan Road — all-weather connectivity).
The all-weather KumarHatti-Nahan Road provides the project with excellent connectivity, connecting it to important locations like Delhi, Chandigarh, and Shimla.
Sirmaur–Kasauli Market Context
Kasauli draws second-home appetite from Delhi, Chandigarh and Punjab, plus a steady trickle of retirees and NRIs chasing clean air and colonial-era charm. Demand has shifted noticeably in the last five years from budget cottages toward gated luxury villa projects with private pools, largely aimed at weekend-home buyers from the plains.
Kasauli and other hill stations will see sustained demand due to high tourist traffic and rental potential. Kasauli's rental market is driven primarily by the premium short-stay segment. Unlike Shimla or Manali, Kasauli does not have mass-market tourist volumes — but it attracts a higher-quality, higher-spending visitor demographic. Weekend rentals from Chandigarh and Delhi NCR drive consistent demand through most of the year, with peak seasons in April–June and October–November.
Luxury villas in hill destinations often appeal to buyers because of limited supply and lifestyle-driven demand. Locations around Kasauli and Sirmaur are attractive because they combine natural beauty with accessibility from key North Indian cities.
Developer Track Record
The Eldeco Group has been a leader in real estate development since 1985, having delivered over 200 projects in 20 cities in North India. Eldeco Group — 35 years, 200+ projects across 21 cities, financially backed by HDFC Capital.
In the hill real estate category — where smaller developers frequently stall due to terrain challenges, regulatory complexity, and cash flow dependence — Eldeco's scale is a structural advantage that most hill villa developers cannot match.
Development phases
Frequently asked questions
What is the size of Phase II and how many villas are planned?
Phase II spans 30 acres with 80 estate villas in total across the full project, offering 3, 4 & 5 BHK configurations at a low-density rate of 3 villas per acre.
What is the expected possession timeline for Phase II?
Possession is expected from Q4 2026 onwards. The expected possession date is Q4 2025 as per RERA timelines, though buyers are advised to verify updated delivery schedules through official sources.
How does Phase II pricing compare to Phase I?
Phase I launched at ₹5.5 crore and is now sold out; Phase II early pricing is at ₹8 crore. The appreciation reflects demand outrunning supply in a project where the land is finite.
Is the project RERA-registered?
The RERA number of Terra Grande is HPRERASIR2023060/P.
What makes the Sirmaur location suitable for a luxury villa project?
The project is at 6,000 feet elevation, with a temperature differential from Delhi's summer peak of 12-18 degrees Celsius. Luxury villas in hill destinations appeal to buyers because of limited supply and lifestyle-driven demand; locations around Kasauli and Sirmaur combine natural beauty with accessibility from key North Indian cities.
Who is the developer and what is their background?
Eldeco Group developed the project under Alternative Habitat Private Limited. The Eldeco Group has been a leader in real estate development since 1985, having delivered over 200 projects in 20 cities in North India.
Sources
- Eldeco Terra Grande Sirmaur Phase II (Official Project Site)
- Terra Grande by Eldeco Announces Multi-Destination Expansion Following Complete Sell-Out of Sirmaur Phase I
- Eldeco's Terra Grande Expands in the Hills After Selling Out Its First Sirmaur Phase
- Kasauli Real Estate Prices & Investment Guide 2026